Emerald (NYSE:EEX – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Rosenblatt Securities in a research report issued on Friday, Benzinga reports. They currently have a $8.40 price objective on the stock. Rosenblatt Securities’ target price indicates a potential upside of 82.61% from the stock’s previous close.
Emerald Stock Up 1.8 %
EEX opened at $4.60 on Friday. The stock has a market capitalization of $937.65 million, a price-to-earnings ratio of -6.13 and a beta of 1.36. The firm has a 50 day moving average price of $4.93 and a 200-day moving average price of $5.49. Emerald has a twelve month low of $4.00 and a twelve month high of $7.05. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.98.
Emerald (NYSE:EEX – Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.13. The business had revenue of $86.00 million during the quarter. Emerald had a net margin of 0.25% and a return on equity of 3.53%.
Institutional Investors Weigh In On Emerald
About Emerald
Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.
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